DATE: 25 September 2024

VSA Capital Group plc

("VSA" or the "Company")

Appointment of Finance Director

VSA Capital Group plc (AQSE: VSA), the international investment banking and broking firm, announces that it has appointed Galin Ganchev as Finance Director with effect from 14^th October 2024.

Galin began his career with PwC, where he qualified as a chartered accountant in 2014. While at PwC, he offered a wide range of services, including audit and consulting, to insurance and investment management companies. His focus gradually shifted to the fintech sector, where he played a key role in helping companies establish effective processes and controls to support their rapid growth. In 2018, Galin joined Octopus Investments Limited, becoming the Head of Risk and Compliance at Octopus Lab Limited, the company's fintech division. He also contributed to strategic projects across the wider business and oversaw the growth of Octopus Ventures Limited. In May 2023, Galin joined Oberon Investments Group plc as Finance Director. 

Disclosures required pursuant to Rule 4.9 of the Aquis Access Rules for Companies

The names of all companies and partnerships of which Galin Ganchev, has been a director or partner at any time in the previous five years are set out below:

Galin Ganchev holds no ordinary shares in VSA. Subject to a successful completion of a probationary period of between 3 - 6 months, Galin Ganchev will be granted options to subscribe for 500,000 ordinary shares of the Company exercisable at 10p per share for the period ending 1^st June 2031.

Save as set out in this announcement, there are no further details to be disclosed pursuant to Rule 4.9 of the Aquis Access Rules for Companies in respect of Galin Ganchev.

Andrew Monk, CEO of VSA, commented:

"The Company is delighted that Galin has been appointed as Finance Director. His previous experience makes him the ideal person to lead the Finance and Compliance activities for VSA during this exciting new strategic phase. Now we have Drakewood Capital Markets as our partner and shareholder, the opportunities to grow are significant and VSA is entering an exciting period where we welcome younger dynamic staff to lead this change. I look forward to welcoming Galin to VSA's team in the next few weeks."

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